Churchill replaces Elizabeth Fry on the £5 note
This week Mervyn King, the Governor of the Bank of England, announced Winston Churchill will replace social reformer Elizabeth Fry as the face of £5 notes. This means that, other than the Queen, there will be no women featuring on our English bank notes. An all-male line-up on our banknotes Continue Reading
Mervyn King Warns the Banks on Profitising from Customers
Banks are trying to maximise short-term profit at the expense of customers, the Bank of England governor has said. In a Daily Telegraph interview, Mervyn King questioned the bonus system and warned that failure to reform the sector could result in another financial crisis. BBC correspondents say the remarks are Continue Reading
